Business Economy Finance Local One-Year T-Bills Yield Soars to 22.52% Amid Liquidity Challenges March 13, 2025 Ekemini In a surprising development, the Central Bank of Nigeria (CBN) sold its one-year Treasury bills at a yield of 22.52%, marking a notable increase from 21.68% seen earlier this year.…
Africa International Macroeconomic Ghanaians Embrace Savings Amid Economic Struggles, Report Shows March 13, 2025 Ekemini Amid rising financial pressures and ongoing economic challenges, Ghanaians are increasingly prioritizing savings as a means of securing long-term financial stability. According to the 2024 Old Mutual Financial Services Monitor,…
Local Macroeconomic Stocks Decline by N48bn as Cautious Trading Persists on NGX March 13, 2025 Ekemini The Nigerian equities market experienced a slight downturn on Wednesday, March 12, 2025, with stocks shedding N48 billion in market capitalisation. The market closed down by 0.07%, continuing the trend…
Finance International Technology Bitcoin’s Bear Market Hits New Investors Hard as Crypto Faces Setbacks March 13, 2025 Ekemini The latest bear market in Bitcoin has significantly impacted newer investors who rushed into the cryptocurrency during its peak last year, spurred by the hype surrounding Donald Trump’s U.S. presidential…
International Macroeconomic Trump’s Global Moves Shake Markets: $5 Trillion Losses and Volatility Surge March 13, 2025 Ekemini In recent weeks, U.S. President Donald Trump’s actions have caused significant shifts in global financial markets, contributing to a dramatic $5 trillion loss in stock market value. This market turbulence…
investment Local United Capital Announces N0.50 Final Dividend for 2024, Sets Qualification Deadline March 13, 2025 Ekemini United Capital Plc has declared a final dividend of N0.50 per share for the year ending December 31, 2024. The company made this announcement on March 12, 2025, via a…
Africa Business International Technology Experts Stress Research’s Key Role in Economic Growth at Omniverse Africa Summit 2025 March 13, 2025 Ekemini The Research Exchange event, part of the Omniverse Africa Summit 2025, underscored the vital role of research in fostering economic growth across Africa. Organized by TechQuest STEM Academy in collaboration…
Local Technology Digital Rights: EU, NBA, Others Tackle FG Over Misuse Of Cybercrime Law March 13, 2025 Ekemini The European Union (EU), Nigerian Bar Association (NBA), and other key stakeholders in the justice sector have raised concerns over the increasing misuse of Nigeria’s Cybercrime law, particularly its application…
Business Finance Local Stock Market Declines by N48.45bn Amid Sell-Off on Key Stocks March 13, 2025 Ekemini The Nigerian stock market continued its downward trend yesterday, dropping by N48.45 billion, marking its second consecutive day of decline. Investor sell pressures targeted major stocks such as Conoil Plc,…
International Macroeconomic European Markets Struggle as Trump Tariffs Spark Trade Concerns March 13, 2025 Ekemini European markets opened lower on Thursday, weighed down by President Donald Trump’s tariff policies, which continue to disrupt global trade relations. The uncertainty surrounding U.S. tariffs on steel and aluminum…
Economy Finance International Ghana Faces GHS 55 Billion Financial Crisis at BoG, ECG, and COCOBOD – Ato Forson Reveals March 13, 2025 Ekemini Finance Minister Dr. Cassiel Ato Forson has revealed that the Bank of Ghana (BoG) is facing a critical financial crisis, with a negative equity of GHS 55 billion. This financial…
Finance International Macroeconomic Stocks Decline as Trump’s Tariffs Weigh on Market Sentiment, Gold Nears Record High March 13, 2025 Ekemini Asian stocks saw a dramatic reversal on Thursday, slipping from initial gains into losses due to concerns over the economic repercussions of President Donald Trump’s trade policies. While early optimism…
Economy investment Local Tinubu’s Reforms Boost Nigeria’s Oil Sector with $17B Foreign Investment March 13, 2025 Ekemini In 2024, President Bola Tinubu’s oil and gas sector reforms attracted approximately $17 billion in foreign investment to Nigeria. According to the Nigerian National Petroleum Company Limited (NNPC Ltd), these…
Business Finance Local CBN Leadership Overhaul Aimed at Boosting Efficiency and Productivity March 13, 2025 Ekemini The Central Bank of Nigeria (CBN) has appointed 16 new directors as part of a strategic overhaul to improve its operations and regulatory effectiveness. This move, part of Governor Olayemi…
Business International investment UK and Nigeria Launch Creative Industries Technical Working Group March 13, 2025 Ekemini In a significant move towards strengthening bilateral relations, the United Kingdom and Nigeria have officially launched the Creative Industries Technical Working Group. This initiative is part of the UK-Nigeria Enhanced…
Africa Business International Technology Africa’s Progress in Data Protection: Key to Secure Digital Finance Growth March 13, 2025 Ekemini A new report by Yellow Card highlights Africa’s significant strides in data protection, underscoring the critical role of strong data security frameworks in safeguarding personal and financial information. As the…
Business Local FCMB Empowers 44,278 Entrepreneurs Nationwide Through Business Growth Training March 13, 2025 Ekemini First City Monument Bank (FCMB) has successfully empowered 44,278 entrepreneurs through its Business Empowerment Sustainability and Training (BEST) masterclass programme since 2018. This initiative aims to equip entrepreneurs with essential…
Business International Technology FTC Pushes Forward with Antitrust Probe Into Microsoft’s Market Practices March 13, 2025 Ekemini The U.S. Federal Trade Commission (FTC) is continuing its broad antitrust investigation into Microsoft, which was initially launched during the final days of the Biden administration, according to a report…
Crypto Finance International Macroeconomic Bitcoin Reserves Could Generate Up to $81 Trillion for U.S. by 2045 March 12, 2025 Ekemini Michael Saylor, the executive chairman of Microstrategy, has proposed that the United States could earn between $16 trillion and $81 trillion by 2045 through a “Strategic Bitcoin Reserve” (SBR). In…
Finance International Macroeconomic Stock Markets Tumble in Nigeria and US Amid Global Uncertainty March 12, 2025 Ekemini The Nigerian stock market experienced a sharp downturn on Tuesday, with investors losing N285 billion, or 0.43 percent, as market capitalization fell from N66.769 trillion to N66.484 trillion. The All-Share…
Local Macroeconomic House of Reps Urges CBN to Suspend ATM Transaction Charge Hike Amid Economic Strain March 12, 2025 Ekemini The House of Representatives has called for the suspension of the recent hike in Automated Teller Machine (ATM) transaction charges by the Central Bank of Nigeria (CBN), citing the country’s…
International Macroeconomic Global Markets in Retreat Amid Economic Fears Fueled by Trump’s Trade War and Job Cuts March 12, 2025 Ekemini Markets across the globe showed signs of retreat on Tuesday, following a sharp sell-off on Wall Street driven by growing fears about the US economy. Concerns have been building as…
Business Finance Local Technology Telcos Boost Investments to Meet Surging Data Demand in Nigeria March 12, 2025 Ekemini Telecommunication giants MTN Nigeria and Airtel Africa have ramped up their investments in network infrastructure to meet the growing demand for data in Nigeria. The Nigerian Communications Commission (NCC) reported…
Business Technology Ghana’s Telecom and Digital Finance Sectors Seek Urgent Policy Support for Growth and Innovation March 12, 2025 Ekemini The Ghana Chamber of Telecommunications and the Electronic Money Issuers (EMIs) Chamber of Ghana are urging lawmakers to prioritize policies and legislative support for the telecommunications and digital finance sectors.…
Business International Technology OpenAI Unveils New Developer Tools Amid Growing Competition from Chinese AI Startups March 12, 2025 Ekemini OpenAI has introduced new developer tools aimed at enhancing the creation of advanced AI agents. These tools are built to simplify the process of developing systems capable of executing complex…
Business International Macroeconomic Defense Stocks Boost European Markets Amid EU Retaliation to Trump Tariffs March 12, 2025 Ekemini European markets saw broad gains on Wednesday, as investors reacted positively to the European Union’s announcement of retaliatory tariffs on U.S. steel and aluminum imports. The Stoxx 600 index rose…
Economy International U.S. Treasury Yields Dip Ahead of Key Inflation Data and Trade Tensions March 12, 2025 Ekemini U.S. Treasury yields fell slightly on Wednesday as investors anxiously awaited the release of the latest consumer inflation data and kept a close eye on tariff developments. At 4:40 a.m.…
Africa Business Finance International Macroeconomic Economist Criticizes Ghana’s 2025 Inflation Goal as Too Ambitious Despite Recent Progress March 12, 2025 Ekemini Economist Professor Patrick Asuming has expressed concerns over the government’s 2025 inflation target of 11.9%, labeling it as “a little aggressive.” This comes after Ghana’s efforts in 2024 to reduce…
Finance investment Local Public-Private Partnerships Crucial to Closing Nigeria’s $100 Billion Investment Gap – Edun March 12, 2025 Ekemini Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has underscored the importance of Public-Private Partnerships (PPPs) in addressing the country’s $100 billion annual infrastructure deficit. Speaking…
Business Local FCMB Launches Business Transformation Masterclass to Empower Entrepreneurs March 12, 2025 Ekemini First City Monument Bank (FCMB) has introduced its Business Empowerment and Sustainability Training (BEST) Masterclass, aimed at equipping business owners with the knowledge and tools required to thrive in today’s…
